Canadian building permits rose 1.7 per cent in September to $6.5 billion, following a 20 per cent decline in August. The modest increase in building permits was led by the residential sector, primarily in Alberta and Quebec. Construction intentions in BC declined 6 per cent in September from August and were nearly 19 per cent lower year-over-year. The value of residential permits were 14.1 per cent lower in September and 6 per cent lower year-over-year. The total number of residential units permitted in September fell 29 per cent from August due to a sharp decline in permits for multiple units. The value of non-residential permits rose 10.3 per in September.
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